The result however is a diminishing supply of industrial space, with many critical businesses pushed towards the periphery of the city. This creates a crisis of two halves, with competing demands for both homes and productive industrial space in our urban areas.
This phenomenon was given focus in December 2017, with the Draft London Plan revealing that industrial land is being released at a faster rate than predicted. The irony is, decades of demand for housing has squeezed other uses to such a degree, that developers are now switching sector, looking to provide industrial and logistics space which proves even more profitable in some boroughs. The insatiable demand for online shopping has compounded this trend, driving a need for storage space close to where people live.